Economics ยท General Awareness
Economic Sectors and Infrastructure
1,725 Questions
This topic covers the classification of primary, secondary, and tertiary economic sectors, along with their infrastructure requirements. Questions often explore the impact of globalization, privatization, and technology on various industries. This material is frequently tested in SSC, state PSC, and UPSC examinations.
Primary and secondary sectorsBanking and service sectorPrivatization and economic reformsIndustrial growth and laborFive-Year Plans priorities
Economic Sectors and Infrastructure Questions
Which sector of the Indian economy experienced the most significant growth during the latter stages of British colonial rule?
-
Agriculture
-
Manufacturing
-
Services
-
Mining
C
Correct answer
Explanation
The services sector, particularly transportation, trade, and finance, grew significantly towards the end of British rule.
What was the primary economic activity of the Bijapur Sultanate?
-
Agriculture
-
Trade
-
Mining
-
Textile Production
A
Correct answer
Explanation
Agriculture was the primary economic activity of the Bijapur Sultanate, with crops such as cotton, rice, and sugarcane being cultivated.
Which sector of the economy has typically experienced the most growth in recent decades?
-
Agriculture
-
Manufacturing
-
Services
-
Construction
C
Correct answer
Explanation
The service sector, which includes industries such as retail, finance, and healthcare, has grown significantly in recent decades, while the manufacturing sector has declined in many countries.
Kathakali's impact on tourism is multifaceted. In addition to attracting visitors to Kerala, it has also contributed to the region's economic growth. Which industry has particularly benefited from the increased tourist footfall driven by Kathakali?
-
Hospitality
-
Transportation
-
Retail
-
Agriculture
A
Correct answer
Explanation
The hospitality industry, encompassing hotels, restaurants, and homestays, has experienced significant growth due to the influx of tourists drawn to Kathakali performances and cultural experiences.
Which sector of the economy benefits the most from military procurement?
-
Manufacturing
-
Services
-
Agriculture
-
Construction
A
Correct answer
Explanation
Military procurement primarily benefits the manufacturing sector, as it involves the production of weapons, vehicles, and other military equipment.
What are some of the key infrastructure sectors that require significant investment?
-
Transportation
-
Energy
-
Water and sanitation
-
All of the above
D
Correct answer
Explanation
Key infrastructure sectors that require significant investment include transportation (roads, railways, airports, ports), energy (electricity generation and distribution, renewable energy), and water and sanitation (clean water supply, wastewater treatment).
What was the main economic activity of the Maratha Confederacy?
-
Agriculture
-
Trade
-
Manufacturing
-
Mining
A
Correct answer
Explanation
Agriculture was the main economic activity of the Maratha Confederacy. The Marathas were primarily farmers and grew a variety of crops, including rice, wheat, and cotton.
Which sector has received the highest FDI inflows in India?
-
Telecommunications
-
Manufacturing
-
Services
-
Agriculture
C
Correct answer
Explanation
The services sector has received the highest FDI inflows in India, followed by the manufacturing sector.
What is the IFC's main focus?
-
Infrastructure
-
Agriculture
-
Manufacturing
-
Services
A
Correct answer
Explanation
The IFC's main focus is on infrastructure.
What was the primary economic activity in ancient Greece and Rome?
-
Agriculture
-
Trade
-
Manufacturing
-
Mining
A
Correct answer
Explanation
Agriculture was the backbone of the economies of ancient Greece and Rome, with crops such as wheat, barley, and olives being widely cultivated.
What was the primary economic activity in the United States during the 19th century?
-
Agriculture
-
Manufacturing
-
Services
-
Mining
A
Correct answer
Explanation
Agriculture was the dominant economic activity in the United States during the 19th century, with crops such as cotton, tobacco, and wheat being widely cultivated.
What was the primary economic activity in the United States during the 20th century?
-
Agriculture
-
Manufacturing
-
Services
-
Mining
C
Correct answer
Explanation
Services became the dominant economic activity in the United States during the 20th century, with sectors such as healthcare, education, and finance experiencing rapid growth.
What was the primary economic activity in the United States during the 21st century?
-
Agriculture
-
Manufacturing
-
Services
-
Mining
C
Correct answer
Explanation
Services continue to be the dominant economic activity in the United States during the 21st century, with sectors such as information technology, healthcare, and finance playing a major role.
Which sector contributes the most to India's import bill?
-
Electronics
-
Oil and Gas
-
Machinery
-
Chemicals
A
Correct answer
Explanation
Electronics, including smartphones, computers, and consumer electronics, account for the largest share of India's imports.
What is the main source of livelihood for rural households in India?
-
Agriculture
-
Manufacturing
-
Services
-
Trade
A
Correct answer
Explanation
Agriculture is the main source of livelihood for rural households in India, as it provides employment and income for a large proportion of the population.